No.28/123/DKom
According to the latest Retail Sales Survey, retailers expect sales to remain stable in May 2026. Respondents predict a Real Sales Index (RSI) in May 2026 of 225.0, primarily supported by increasing annual sales of Spare Parts and Accessories, Other Household Equipment, as well as Other Goods. On a monthly basis, retailers anticipate a 0.9% (mtm) sales contraction in May 2026, improving from the 11.6% (mtm) contraction recorded in the previous period, influenced by private demand during the Ascension of Jesus Christ, Eid al-Adha and Vesak public holidays.
In April 2026, the RSI was recorded at 226.9. RSI performance was underpinned by maintained annual sales growth of Spare Parts and Accessories, Other Household Equipment, as well as Cultural and Recreational Goods. On a monthly basis, retail sales in April 2026 contracted by 11.6% (mtm) in line with the normalisation of private demand after the Ramadan and Eid-ul-Fitr 1447 H festive period.
In terms of prices, respondents predict relatively stable inflationary pressures in the next 3 months (July 2026), followed by a build-up of price pressures in the next 6 months (October 2026). This was reflected in the relatively stable Price Expectations Index (PEI) for July 2026 of 175.8 compared with 175.6 in June 2026. Meanwhile, respondents predict the PEI in October 2026 at 167.6, higher than the 163.2 in September 2026, driven by higher prices of raw materials.
Jakarta, 11th June 2026
Communication Department
Ramdan Denny Prakoso
Executive Director
